Recent content by tomorton

I use the broker's own platform (I am spreadbetting) but it might be very similar to Metatrader4, it seems to have similar features, indicators etc.

Select a strategy which matches your character and life-style, your hours of availability, your potential screen-time, any favoured areas of knowledge or expertise, subjects you actually enjoy researching. The strategy should be unsophisticated, rational, as objective as possible, and widely...

I monitor all the 28 forex pairs formed by the 8 major currencies, and USD/JPY is obviously on that list. But I only work in D1 time-frame. I got long in USD/JPY yesterday.

Well done for your perseverance. I used to change strategies regularly as each one I tried started to under-perform. Then I realised that any strategy I used would eventually start to under-perform in any given market. This period might last months on a given market, for example GBP/USD, but...

Most traders cannot define in words why they put a support zone here and a resistance zone here. So what they're saying is that they are good car drivers because sometimes they stop at a red light and sometimes they go through but so far they have not been killed. This doesn't mean that these...

Well then, just keep doing it. Whatever it is.

Forex gets a bad name for scams, especially those run by brokers based in small countries with weak regulation, possibly helped in those places by corrupt politics and judiciary. Maybe forex is not worse than any other business run in for example Vanuatu. Let's suppose you want to import some...

Sounds familiar. I've been asked to show account details, order details, all open positions, exact entry and exit times, etc. etc. the whole works. I always decline. But not to be intimidated I have for years been posting each strategy I am using, in full detail either here or at babypips or...

I think such a blog would be a good idea and constructive for so many traders to read. You just have to be prepared that whenever you get a large number of traders in one place, many of them will only be there because they want to be seen telling you as a trader that whatever you're doing is...

Great achievement to make such a winning percentage in a short time. The approach you describe here sounds highly reactive and subjective. I don't wish to sound patronising but it sounds like the approach of a painter versus the approach of a draughtsman - like you can paint as wonderful a view...

This is more than a surprise. I'm about 50-50 between Reform, staying at home or spoiling my ballot paper.

Alpesh Patel appears as genuine as anyone I've met in any field. He advocates trend-following. He has for years been a fund manager so not likely to follow techniques we would use as private retail traders. And I'm not convinced the techniques a fund would use are right for us anyway. If you...

His website makes a lot of noise about giving away free trading - it mentions "Free" no less than 13 times. Well, he doesn't need to set up his own website for that, he could simply come to Trade2Win and post some useful knowledge here. For free. So in truth he is a teacher wishing to sell...

It's quite common for an expert to show you a chart on the internet and say, well, look, price made this pattern or showed this behaviour and I thought that means XYZ, so I went long here and made 5 times my risk. What they don't show you is that they also had sell orders set which did not...

I suppose we could develop a range of possible explanations for what Ali did - 1. he's such an idiot that he was taken in by anti-Jewish conspiracy theories 2. he doesn't believe that stuff but he's such an idiot that he thought it would be a good idea to chase the anti-Jewish demographic for...